Markets

Analysis of the core performance of the broader market: In terms of mainstream currencies, BTC is currently $116,729.7, down 0.04% in 24 hours; ETH is currently trading at $4,503.67, up 0.05%. Among altcoins, RAI rose 148.94% at $4.934, $0.17638 rose 93.37% at TOSHI3L, and MSQ rose 52.7% at $7.762, increasing short-term arbitrage opportunities. The technical side shows that the liquidity of mainstream coins is stable, and the volatility of altcoins is high; The fear of corruption index was 53, and the market sentiment was stable. The short-term strategy recommends ETH to open positions in batches near 4424, BTC114,738, take profit and stop loss 4600/4300 and 118,000/112,000, and the position does not exceed 30%. The Fed will hold its latest interest rate cut meeting in the early hours of tomorrow morning, and the market is currently expecting a rate cut of at least 25 basis points. (Click to view the full article)